Jamnalal Bajaj Institute of Management Studies

Overview:

Jamnalal Bajaj Institute of Management Studies, Mumbai was established in the year 1965 and was named after the noted industrialist and philanthropist, Jamnalal Bajaj. The institute is approved by All India Council for Technical Education (AICTE) and is recognized by the University Grants Commission (UGC) as well as the Government of Maharashtra. The college received NAAC ‘A++’ Grade accreditation. The college comes under University of Mumbai and its campus is spread over 0.6 acres of land.

Ownership - Private

Genders accepted - Co-Ed

About JBIMS

Jamnalal Bajaj Institute of Management Studies is a premier management institute in Mumbai. It is a leading business school in Mumbai that provides a variety of undergraduate and postgraduate business and management degrees. The Institute was founded in 1965 by the University of Mumbai. JBIMS has a 52-year legacy of being ranked among the top ten best business schools in the country. JBIMS established India's first full-time 2-year Master of Business Administration programme (MMS). As one of India's oldest B-schools, JBIMS has been the preferred site for the country's most prestigious firms. Full-time professors in core management disciplines as well as functional management specialities work at the Institute. The Institute also has a distinguished panel of management experts and senior practitioners from various sec of management.

The location of JBIMS has strengthened its ties with corporate magnates, renowned graduates, and a substantial number of eminent visiting academics. This exposure to industry professionals has helped students understand management approaches and polish their abilities for years. The unique red edifice, with a moniker as weighty and established as the 'CEO Factory,' perfectly epitomises the mix of old-world grandeur with cutting-edge technology. This exposure to industry professionals has helped students understand management approaches and polish their abilities for years.

Scholarship

Scholarships are subjected to central/state government rules. The yearly coveted Smt. Jyoti Dwivedi Memorial Scholarship Awards are only available to JBIM, Mumbai students. These funds are awarded to deserving students who are experiencing financial challenges throughout their education. The scholarship grants a basic award of Rs. 100,000 each to two meritorious students to help with their tuition costs. In addition, two extra ad hoc awards of Rs 50,000 each were provided in this edition, allowing four worthy students to support their study and goals. More information is available on the college's website.

Entrance Exams

·   Common Admission Test (CAT)

·   Maharashtra State Common Entrance Test (MAHCET)

·   Common Management Admission Test (CMAT)

·   Graduate Management Admission Test (GMAT)

Why get admission in JBIMS?

·       JBIMS offers a variety of courses with Master of Management (MMS) as its flagship programme. It offers MMS in Operation Systems, Finance, Human Resource Management, Marketing; Master in Management (MM) in Marketing, Management, Financial Management, Human Resource Development & Management, Information Management. It also offers Ph. D, M. Sc in Finance, MBA and Masters in Human Resource Development (MHRD).

·       The majority of JBIMS's visiting faculty members are corporate executives who are also JBIMS alumni. Their guest lectures provide direct insight into current industry needs and future vision.

·   Large Alumni base working as CEOs and top executives across the Globe in top ranked companies. It helps JBIMS students to secure high placement

·   In 2022, JBIMS had the highest CTC of INR 42 LPA and the average CTC of INR 27.63 LPA. Accenture, Deloitte, E&Y, DE Shaw & Co., Infosys, Piramal, and HDFC Bank are among the top JBIMS recruiters.

·   JBIMS Library has a world-class book and journal collection, worldwide databases containing global financial scenarios, market research, mutual funds, all information of listed companies and sectors, case studies, reviews, projections, theses, analyses, and so on.

·   IIRF 2022 ranks JBIMS ninth in the Management Category. Outlook-ICARE 2022 ranks the Institute 10th among India's Top MBA Colleges. According to Business Today, JBIMS is the 23rd top B-school in India. In terms of average income for the class of 2022, it is placed ninth in India, ahead of IIM Indore, IIFT, DMS IIT Delhi, and SJMSoM.

·   JBIMS provides students with excellent internship programmes as well. Students get to work as interns at top companies with an average stipend of INR 3 Lakhs.

·   The campus of JBIMS is smaller than those of other B-Schools. The Auditorium, Classrooms, Library, Canteen, Leisure, and Committee Rooms are all housed in JBIMS's single red bricked facility. JBIMS has air-conditioned classrooms with WiFi access. Dr. K. S. Basu Memorial Auditorium has a capacity of 150 persons.

·   The fee structure of the college is much more affordable than other ivy league B-schools in the country considering its reputation, placement record and rankings.

Career Opportunities

·   Sales Manager

·   Professor or Teacher

·   Operations Managers

·   Finance Manager

·   Business Managers

·   HR

·   Marketing Manager

·   Business Analyst

·   Investment Banking Analyst

·   IT Manager

·   Finance Expert

·   Entrepreneur and so on…

Location Perks

JBIMS is located in Mumbai, which is a major financial and cultural center in India. This can provide students with valuable networking opportunities and access to internships and jobs. The CST Local Train Station is the nearest railway station which is 2 kilometres away from the JBIMS, Mumbai and the nearest airport is Chhatrapati Shivaji Maharaj International Airport Mumbai, which is around 23 kilometers away.

FAQs

Ques. Does JBIMS provide hostel facilities?

JBIMS Mumbai hostel amenities are only offered to the top 25% of non-local students. J S Hall Marine Drive, beside Churchgate station, is the hostel assigned to these students. Students pay between INR 6000 and INR 8000 each year.

Ques. Does JBIMS also offer placement to its M.Sc Program?

For its M.Sc graduating batch 2022, the highest salary offered stood at INR 24 LPA while the average placement package was recorded as INR 19.35 LPA.

Ques What is the total intake and eligibility criteria for MMS at JBIMS?

The total intake is 120 students annually. Eligibility criteria is a Bachelor’s degree from a UGC recognised university. Valid CAT/MHA MBA CET scores. Students with UPSC scores don’t require CAT/MHA MBA CET.